KMG International

The deal between Chinese group China Energy Company Limited (CEFC) and Kazakhstan’s state oil company KazMunayGas, which targeted a majority stake in KMG International, the former Rompetrol group, fell through, KMG International announced…

KMG International Group (KMGI), the owner of Romania’s largest oil refinery – Petromidia, has amended and extended its USD 360 million multicurrency revolving credit facility from a syndicate of four local banks.
The amended maturity of…

Oil group KMG International, which operates the biggest oil refinery in Romania, reached record results in 2017.
The group’s operational result (EBITDA) went up by 20% compared to 2016, to USD 242 million. The net profit also increased…

KMG International Group, the former Rompetrol Group, plans to reach a market share of 25 percent in Romania and 12 percent in Bulgaria over the next four years, the group said.
Currently, KMGI has a 16 percent share in Romania, according…

Oil group KMG International, the former Rompetrol group, reached a net profit of over USD 77.2 million in the first nine months of this year, up six times over the same period of last year.
Its operational profit EBITDA increased 24%, to…

KMG International (KMGI), the former Rompetrol group, announced this Thursday that the Romanian authorities approved the transaction closed at the end of 2016 between the sole shareholder, the national company of oil& gas from…

Romanian oil refiner Rompetrol Rafinare, member of the group KMG International, recorded a gross turnover of USD 821 million in the first three months of the year, up 15% year-on-year.
Its consolidated operating result (EBITDA) amounted…